Exxon Mobil Announces Mechanical Completion Of 2 New 650,000 Tpa High Performance Polyethylene At Texas

Exxon Mobil announces mechanical completion of 2 new high performance polyethylene plants at Texas

29-May-17

Exxon Mobil Chemical Company announced the mechanical completion of two new 650,000 tpa high performance polyethylene lines at its plastics plant in Mont Belvieu, Texas. The company expects production to begin in Q3-2017. The finished polyethylene product will be shipped to customers around the world. Part of a previously announced multi-billion dollar expansion project in the Baytown area, the polyethylene lines will process ethylene feedstock from the new steam cracker currently under construction at the Baytown complex.

“As an early mover to complete a polyethylene project fueled by the shale gas revolution, this world-scale, state-of-the-art facility will double the plant’s production capacity, making it one of the largest polyethylene plants in the world,” said Neil Chapman, president of Exxon Mobil Chemical Company. The Baytown expansion project is one of 11 Exxon Mobil announced as part of its 10-year, US$20 bln Growing the Gulf initiative. Projects planned or under way are expected to create more than 35,000 construction jobs and more than 12,000 full-time jobs. This project facilitates ExxonMobil Chemical to economically deliver a rapidly growing demand for high-value polyethylene products. These high-performance products provide sustainability benefits such as lighter packaging weight, lower energy consumption and reduced emissions. The finished polyethylene product will be distributed to customers worldwide.

ExxonMobil has the first mover advantage by completing the polyethylene project that is driven by the shale gas revolution. The project is expected to double the plant's production capacity. ExxonMobil's investments are likely to fuel economic growth and create jobs along with expansion of existing refining and chemical capacity.